An Index Number Is Valuable Because

question 62

Multiple Choice

An index number is valuable because:

• A) the level of every index number itself provides critical information.
• B) it is more stable than the data it reflects.
• C) it provides a meaningful measurement scale to calculate percentage changes.
• D) it does not require any calculations to compute percentage changes.

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Definitions:

Environmental Factors

External elements such as culture, family, and social context that can influence an individual's development and behavior.

Inherited Characteristics

Traits or qualities that are genetically passed from parents to their offspring.

Personality Characteristics

Traits and qualities that constitute an individual's distinctive character, affecting their thoughts, feelings, and behaviors.

Nuclear Family

A family group consisting of parents and their children, considered a basic social unit.